China’s Bond Market Hits Historic Low as 10-Year Yield Falls Below 2%
China’s 10-year government bond yield fell below 2% on Monday, reaching a historic low of 1.975%. This milestone highlights the impact of a sluggish economy, sustained...
Etiket: Economic Slowdown
Delivery Drivers in China Face Mounting Pressure Amid Economic Slowdown
China’s booming food delivery industry is showing signs of strain as the nation’s economic slowdown weighs heavily on the workers who drive its growth. Tensions are...
China to Cut Existing Mortgage Rates by End of October to Boost Property Market
China’s central bank, the People’s Bank of China (PBOC), announced on Sunday that it would instruct commercial banks to lower mortgage rates on existing home loans...